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Retail Banking Analyst Jobs (NOW HIRING)

Business Analyst (Retail Banking) Durham, NC (Onsite / In-person interview) Hiring Type : Full Time Description : The Business Analyst will play a critical role in bridging business needs, product ...

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Retail Banking Analyst information

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$11K

$69.4K

$94.5K

How much do retail banking analyst jobs pay per year?

As of Jun 1, 2026, the average yearly pay for retail banking analyst in the United States is $69,363.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,000.00 and $78,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Retail Banking Analyst, and why are they important?

A Retail Banking Analyst needs strong analytical skills, financial acumen, and a relevant degree in finance, business, or economics. Familiarity with banking software, data analysis tools like Excel or SQL, and knowledge of regulatory compliance systems are typically required. Excellent communication, attention to detail, and problem-solving abilities help analysts interpret data and convey insights effectively. These skills are crucial for identifying trends, supporting decision-making, and ensuring the bank's products and services meet both customer needs and regulatory standards.

What are some common challenges faced by a Retail Banking Analyst, and how can they be managed effectively?

Retail Banking Analysts often face challenges such as balancing large data sets, staying updated with regulatory changes, and meeting tight deadlines for reporting financial trends. To manage these, analysts typically use advanced analytical tools, maintain continuous communication with compliance teams, and work closely with branch managers to gather accurate information. Adopting strong organizational skills and staying proactive about industry regulations can help analysts stay ahead and deliver valuable insights to drive business decisions.

What does a Retail Banking Analyst do?

A Retail Banking Analyst is responsible for analyzing financial data, customer trends, and product performance within a bank's retail division. They help identify opportunities for growth, improve customer service, and optimize banking products like savings accounts, loans, and credit cards. Analysts also prepare reports for management, evaluate market competition, and may assist in risk assessment. Their work supports strategic decision-making and enhances the overall efficiency of retail banking operations.

What is the difference between Retail Banking Analyst vs Commercial Banking Analyst?

AspectRetail Banking AnalystCommercial Banking Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; relevant certifications like CFA are a plusBachelor's degree in finance, accounting, or related; certifications like CFA are common
Work EnvironmentBank branches, retail banking departments, customer service settingsCorporate offices, commercial banking divisions, client meetings
Employer & Industry UsageRetail banks, credit unions, savings banksCommercial banks, business lending institutions
Common Search & ComparisonYesYes

Retail Banking Analysts focus on consumer banking services, such as savings accounts, loans, and customer support within retail banking environments. In contrast, Commercial Banking Analysts work with business clients, handling larger loans and financial services for companies. Both roles require similar educational backgrounds and certifications, but differ mainly in their client focus and work settings.

More about Retail Banking Analyst jobs
What states have the most Retail Banking Analyst jobs? States with the most job openings for Retail Banking Analyst jobs include:
Infographic showing various Retail Banking Analyst job openings in the United States as of May 2026, with employment types broken down into 69% Full Time, 25% Part Time, and 6% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $69,363 per year, or $33.3 per hour.
Business Systems Analyst - Retail

Business Systems Analyst - Retail

Trustmark Bank

Jackson, MS

Full-time

Posted yesterday


Trustmark National Bank rating

8.2

Company rating: 8.2 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

37th of 141 rated banks


Job description

Overview

The Business Systems Analyst will assist in the support, development, and administration of systems used or managed by the Retail Banking division. This position will also be involved in working on or managing retail related projects, development of procedures and training, and related activities to support the Retail Banking division and other day-to-day bank functions.

**This position may be filled as a Level I, II, or III based on additional responsibilities and qualifications required.**

Responsibilities
  • Perform routine administrative functions and associated responsibilities for retail systems, coordinate enhancements, revise procedures, as necessary, and provide training and communication to the frontline.
  • Work closely with others to understand and support the daily operations of the Retail Bank. Document and map workflows and processes to aid in projects. Lead, write, or perform testing initiatives for Retail. Along with writing procedures and identify opportunities for efficiency improvements.
  • Work closely with vendors, IT and other associates in the software design and development process, including identifying and documenting business requirements, testing, tracking defects, reporting, changing control, and other tasks, as necessary.
  • Provide direct review, research, and response to retail platform support, as necessary; escalate and report issues as appropriate; recommend changes to systems or procedures from identify issues.
  • Create, develop or update procedures, guidelines, training materials, or other resources, related retail systems and operations in conjunction with stakeholders.
  • Grant and maintain appropriate end-user access to systems according to established framework or policies; obtain approval and document exceptions; conduct ongoing user access reviews and provide reporting when needed.
  • Perform additional duties and special projects as assigned.

Level II Additional Responsibilities:

  • Studies existing information processing retail related systems to evaluate effectiveness and propose new solutions.
  • Leads and coordinates work of others to develop, test, enhance, and implement projects.

Level III Additional Responsibilities:

  • Lead testing initiatives for Retail systems to ensure all project audit requirements are being met.
  • Identifies, gathers, analyzes and documents business requirements for business application and information technology projects; translates work processes into business and functional requirements; writes business and functional specifications; develops departmental forms and templates; identifies and provides business rules, quality standards, policies and procedures.
  • Function as a liaison between IT and users and have both business and technical expertise.
  • Determines cause of application and system problems; develops, recommends and implements solutions.
  • Assists with the training of other departmental business systems analyst staff; supports professional and technical capabilities of team members; guides business systems analyst staff in analyzing, testing, and implementing information technology projects.
  • Leads interactions with vendors on accountability and project initiatives.
  • Identify and resolve gaps in the project lifecycle.
  • Independently leads system conversions/upgrades and projects from beginning to end.
  • Managing and executing all aspects of business User Acceptance Testing (UAT).
  • Familiarity with integrating retail systems with other business tools and databases.
Qualifications
  • Two-year college degree in business or finance, with 3 years of retail banking or banking systems experience.-OR-
  • 6 years of retail banking or banking systems experience.
  • Ability to work flexible hours including evenings and weekends
  • Advanced knowledge of retail banking and teller functions and workflows (deposit account opening/maintenance, loans, transaction processing).
  • Advanced knowledge of retail products and services offered to customers.
  • General knowledge of the software development lifecycle; ability to communicate and understand technical and logical reasoning concepts.
  • Excellent oral, written, and visual communication skills.
  • Knowledge and application of basic math and accounting concepts.
  • Strong analytical, organizational, and critical thinking skills.
  • Ability to document business processes.
  • Ability to perform routine check and balance reconciliation and thorough data validation.
  • Detail oriented but flexible to manage concurrent tasks/projects and fluctuating requirements.
  • Excellent organizational and prioritization skills to meet tight deadlines.
  • Proficiency with Microsoft Word, Excel and PowerPoint.
  • Trustmark platform systems experience preferred.
  • Knowledge of change management processes and workflow analysis preferred

Level II Additional Qualifications Required:

  • Two-year degree and 5 years of retail banking or banking systems experience.-OR-
  • 7 years of retail banking or systems related work experience; system related experience must include 3 or more years of retail implementation of systems.
  • Advanced knowledge of retail banking and branch operations functions and workflows.
  • Excellent oral, written, and visual communication skills.

Level III Additional Qualifications Required:

  • Two-year degree and 7 years of retail banking or banking systems experience.-OR-
  • 10 years of retail banking or systems related work experience; system related experience must include 3 or more years of retail implementation of systems.
  • Expert knowledge of the software development lifecycle; ability to communicate and understand technical and logical reasoning concepts.
  • Expert level experience in automating processes
  • Ability to manage all aspects of the User Acceptance Testing (UAT)
  • Experienced at independently leading systems conversions/upgrades from beginning to end

Physical Requirements/Working Conditions: Must be able to sit for extended periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site. Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Employment Type: FULL_TIME

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